Successful Leveraged ETF Positions
1. Date of Recommendation: 10/11/2010
Trade: Buy ERY at $37.56. Set stop at $36.40. Target: $40+
Result on 10/12/2010: Trailing stop order triggered for ERY Long. Sold at $38.87. Total Gain: 3.50%
2. Date of Recommendation: 09/08/2010
Trade: GDX was purchased at $53.99 on 09/08/2010
Result on 9/20/2010: Sold GDX at $55.35. Total Gain: 2.52%
3. Date of Recommendation: 09/23/2010
Trade: Bought TMV at $34.27. Place a stop at $33.50
Result on 09/27/2010: TMV Long stopped out at $34.80. Total Gain: 1.55%
DOW – (DDM and DXD – Proshares Ultra/UltraShort DOW 30)
3/16:
Market at $10642
Forecast projection: Minimum $11029.88
Projection hit 4/13
TNA – (Direxion Daily Small Cap Bull 3x)
3/16: Market at $53.65
Forecast projection: Minimum $59.49
Projection hit 4/6
4/19:
Market at $63.54
Forecast projection: Minimum $71.94
Projection hit 4/22